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Veren Inc T.CPG


Primary Symbol: T.VRN Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Comment by LiquidOctopusV2on Jun 06, 2021 9:34am
99 Views
Post# 33337203

RE:Re: Some high volume days

RE:Re: Some high volume daysI think when the dividend does come in, if it starts at <5%, it will be going up.  Going forward but not in the immediate term, I think the standard for the oil sector will be highly generous.  I don't think 10% will be out of the question once everyone get used to the idea.  I used to hold a RIET that payed out around 20%.  It's sustainable. 

I'm open to criticism on this opinion.  

soundandfury wrote: Cpg 20.00 can be achieved by share buybacks...........once cpg reaches 10.00 and is paying a nice 3% to 5% dividend they can buy back half the float over lets say 10 years time span.........this will effectively guarantee 20.00 per share and possibly even higher......fewer shares mean higher dividends per share and more cash flow per share........cpg must learn to take share buybacks more seriously and not for the purpose of issueing more stock....imo


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